Analysis 01.01. Comparison 01 P, PD versus placebo (stable COPD), Outcome 01 FEV1 120 min. post-treatment . Analysis 01.02. Comparison 01 P, PD versus placebo (stable COPD), Outcome 02 FVC 120 min. post-treatment . Analysis 01.03. Comparison 01 P, PD versus placebo (stable COPD), Outcome 03 PEFR 120 min. post-treatment . Analysis 01.04. Comparison 01 P, PD versus placebo (stable COPD), Outcome 04 PaO2 120 min. post-treatment .